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You are hired to help analyze the future cash disbursements for Kentville Inc. The firm has expected sales of $900 for Quarter 1, $1,200 for

You are hired to help analyze the future cash disbursements for Kentville Inc. The firm has expected sales of $900 for Quarter 1, $1,200 for Quarter 2, $1,800 for Quarter 3, and $2,800 for Quarter 4 in the next calendar year. The firms purchase from suppliers in a quarter are equal to 60% of the next quarters forecast sales. The accounts payable period is 60 days. Wages and other expenses are 15% of sales. The firm has a beginning payables balance of $600 as of Quarter 1. What will be the total amount of cash disbursements in Quarter 3 of the next year? Assume that a year has 360 days.

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